Some new retail terms that don’t really mean much in the Malaysian market: concept store, pop-up shop.<\/p>\n
Retail usually requires a rental of 3+3 (sometimes 2+2). Those are years. If you’re going into a concept, be prepared to spend. Concept stores are no different from a regular retail store in a department shop in Malaysia. Its just a nicer\/different word to use.<\/p>\n
Pop-up shops in a retail location? They are usually 3-month rental terms (sometimes 2 months first, followed by 4 month cycles). If its a shop, you’ve got to furnish it like your concept store.\u00a0If it’s a cart, you pack up & setup daily. Carts aren’t cheap (of course cheaper than a retail store; but once you add in cost per square footage, you’re really only saving on furnishings).\u00a0<\/p>\n
Remember a 10am-10pm opening schedule. Even during public holidays. With rules that usually prevent you from eating at your cart\/pop-up store, with the ideal being you have 2-shifts of work daily.<\/p>\n
Overall, there is no such thing as a concept store<\/a> or pop-up<\/a> shop in Malaysia. You just have the burden that is retail. Plain & simple.<\/p>\n","protected":false},"excerpt":{"rendered":" Some new retail terms that don’t really mean much in the Malaysian market: concept store, pop-up shop. Retail usually requires a rental of 3+3 (sometimes 2+2). Those are years. If you’re going into a concept, be prepared to spend. Concept stores are no different from a regular retail store in a department shop in Malaysia. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[25],"tags":[651],"class_list":["post-2683","post","type-post","status-publish","format-standard","hentry","category-business","tag-retail"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p4vJD-Hh","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/posts\/2683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/comments?post=2683"}],"version-history":[{"count":0,"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/posts\/2683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/media?parent=2683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/categories?post=2683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/tags?post=2683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}